93907 — Monterey County, California Market Snapshot
Housing market data for zip code 93907 in Monterey County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
30 sales in 2026 (year to date)
Median Sale Price
$875,000
Days to Sell
29
Homes Sold
30
Inventory
20
Sale-to-List
98.8%
New Listings
34
Price/SqFt
$522
Pending Sales
33
Conforming Loan Available
The median home in 93907 at $875,000 falls within the 2026 conforming loan limit of $994,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
Homes in 93907 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 93907 (98.8% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 93907 at $875,000 falls within the 2026 conforming loan limit of $994,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 93907 are set at the county level.
2026 Loan Limits — Monterey County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $994,750 | $994,750 |
| 2 Units | $1,273,450 | $1,273,450 |
| 3 Units | $1,539,350 | $1,539,350 |
| 4 Units | $1,913,000 | $1,913,000 |
Affordability Snapshot — Zip 93907
To purchase the median home at $875,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,854.
Monthly Payment
$6,854
Income Required
$293,742
Principal & Interest
$5,391/mo
Down Payment (5%)
$43,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 93907.
Estimated Monthly Payment
$5,565
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 93907. Tell us what you're looking for.